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19 Ascot Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Exceptional Investment Opportunity - Five-Unit Complex in Prime Newtown Location

19 Ascot Street, Newtown, presents a rare opportunity to secure a high-performing five-unit complex on one title. Located just 4 minutes from the Toowoomba CBD and close to St Andrews private Hospital, major shopping centres, schools, parks, and the new hospital precinct, this gated complex is ideally positioned for long-term tenant demand.
Each unit offers two bedrooms, one bathroom, open-plan living, and a second rumpus room, providing comfort and flexibility for tenants. With solid brick construction, iron roofing, and long-term well-maintained tenants, this property generates strong rental returns.
With significant potential to add value through renovations or improvements, 19 Ascot Street is a prime investment with excellent rental returns and future growth prospects. Secure this sought-after complex and expand your portfolio with confidence.
At a glance:
Five units on one title - Easy management, reduced costs, multiple income streams.
- Gated brick complex - Secure and low-maintenance.
- Iron roof - Durable and weather-resistant.
- Individually metered - Tenants cover utilities, reducing owner costs.
- Prime location - High demand area close to CBD, hospitals, and shops.
- Two bedrooms - Spacious accommodation for tenants.
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Property Details for 19 Ascot St, Newtown

19 Ascot St, Newtown is a 2 bedroom, 1 bathroom BlockOfUnits with 1 parking spaces. The place is currently for sale with RE/MAX Success.

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BlockOfUnits

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About Newtown 4350

The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of total area. The population of Newtown in 2011 was 9,564 people. By 2016 the population was 9,587 showing a population growth of 0.2% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a trades occupation. In 2011, 55.1% of the homes in Newtown were owner-occupied compared with 52.3% in 2016.

Newtown has 5,362 properties. Over the last 5 years, Houses in Newtown have seen a 90.12% increase in median value, while Units have seen a 97.49% increase. As at 31 October 2024:

  • The median value for Houses in Newtown is $566,755 while the median value for Units is $435,631.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 30 properties listed for sale, and 28 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 309 properties were sold in the past 12 months in Newtown.

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